It was a good quarter for most of the nation's big banks. Wells Fargo overtook JPMorgan to become "most profitable." And Bank of America showed its best results since 2007. A closer look, however, reveals some weaknesses that aren't apparent at first glance.
While high costs can drive out some people in gentrifying neighborhoods, new studies show that many renters stay — especially if new parks, safer streets and better schools are paired with a job opportunity right down the block.
Drew Philip made waves this month by explaining to the Internet why he bought a house in struggling Detroit for $500. In his much-discussed story for Buzzfeed, Philip said that he is part of "another Detroit," one where people are working to help each other and save their city.
The Public Bike System Company is the main supplier for bike-sharing systems around the country, from San Francisco to New York City, and it declared bankruptcy Monday. But experts say this isn't a big bump in the road — and in fact, bike-sharing is here to stay.
The justices heard arguments Tuesday in a case that could decimate public employee unions. At issue is whether nonunion workers can be forced to pay fees that help cover the cost of negotiating a union contract from which they benefit.
The retailing giant Target is doing what it can to limit the damage from a massive data breach. But there are signs that other hackers are trying to take advantage of the original data theft with elaborate "phishing" schemes.
Whole Foods recently decided it would not buy produce from farmers who used treated sewage sludge, also known as biosolids, on their fields. But scientists say this is a mistake — the material is safe and benefits the environment in lots of different ways.
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